Cold Foods Industry News

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While some businesses are cutting back operations and personnel, one that isn't is Pace Dairy, a 35-year-old cheese processor in Rochester, Minn.

United States Cold Storage, Voorhees, N.J., said it hired two executives to represent the company in core growth markets.

Having already rejected one offer, meat industry media reported that Pilgrim's Pride Corp., Pittsburg, Texas, rejected a second, larger $60 million offer for its Farmerville, La., poultry plant from Foster Farms.

A private equity group in Jericho, N.Y., is looking to invest in the founder- or family-owned food industry companies with $5 million to $100 million in annual sales.

Hanson Logistics, St. Joseph, Mich., said it expects by this July to complete $2 million in improvements -- the first of a two-phase enhancement project -- at the company's Hartford, Mich., warehouse.

Meat industry media reported that Pilgrim's Pride Corp., Pittsburg, Texas, rejected a joint $40 million offer for the company's Farmerville, La., plant from competitor Foster Farms, Livingston, Calif.

In today’s difficult and uncertain economy, manufacturers and retailers need to adopt three specific strategies to protect themselves and increase profitability, according to the early findings of a group of consumer research experts.

Pennant Foods, Itasca, Ill., said it agreed to purchase the frozen dough business of General Mills Bakeries & Foodservice.

You could say that it was only natural that Hot Cuisine America has emerged to supply refrigerated entrees and meal components.

International Refrigerated Transportation Association (IRTA) directors voted for Gary Kelly, senior director of transportation & distribution at Schwan's Logistics LLC, as IRTA's 2008-09 "Executive of the Year."